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206 County Road 142

Burnet, TX 78611

6 beds
5 baths
4,100 sqft
~3/4 acre lot
$329 per sqft
1997 build
– on site

Lakeside Luxury Compound Meets Hill Country Adventure- Tucked away in the tranquil Rocky Point subdivision on the shores of Lake Buchanan, this is a rare multi-home waterfront estate that blends laid-back luxury with boundless adventure. Designed for those who crave breathtaking lake views, direct access to the water, and a seamless indoor-outdoor lifestyle, this renovated property is the ultimate retreat for lake lovers, outdoor enthusiasts, and savvy investors. Spanning two legal lots, this exceptional compound is more than just a home—it’s a destination. Whether you’re seeking a private getaway, a high-performing short-term rental, or an entertainer’s dream estate, this property delivers it all. With two beautifully updated homes, a sprawling outdoor oasis, and a massive garage / game room built to house all of your lake toys, every detail has been designed for maximum comfort, recreation, and convenience- offering the ideal setup for multi-generational living, vacation rental income, or a private lakeside escape with room to host family and friends. Set on over an acre of prime lakefront land, this property was designed for those who live for the water, the outdoors, and the joy of hosting. The property has an RV and boat garage with multiple bays, RV hook ups, outdoor kitchen, hot tub, playground, and built-in boat ramp with room to add a dock. When the lake is full, the water meets the property’s sandy beach-like setting, perfect for wading, swimming, or launching kayaks. For those looking to generate passive income, 206 County Road 142 is an investor’s dream in a prime high-demand short-term rental market. Lakeshore Drive is more than a home—it’s a rare offering on one of Texas’ most stunning lakes, designed for those who crave a life of adventure, relaxation, and financial opportunity.

Listing courtesy of ABOR / Gary Dolch / Compass RE Texas, LLC

Last checked: Checking… • Last updated Mar 9, 2025 •

MLS# 7912550 —

This home is listed in more than one place. See it here.

The Building

Year Built:

1997
New Construction:

false
Roof:

Metal
Foundation:

Pillar/Post/Pier
Exterior Features:

Balcony
Accessibility Features:

None
Patio And Porch Features:

Covered
Window Features:

Window Treatments
Levels:

Three Or More
Direction Faces:

NW

Interior

Interior Features:

Ceiling Fan(s)
Living:

3
Dining:

2
Flooring:

Tile
Fireplace:

Living Room
Fireplaces Total:

1
Laundry Location:

Laundry Room

Room Dimensions

Living Area:

4100
Living Area Source:

Public Records

Financial & Terms

Possession:

Close Of Escrow
Restrictions:

See Remarks

Location

Latitude:

30.80416
Longitude:

-98.379309
Directions:

Take Highway 71 West, go North on 281. Continue through Marble Falls to Burnet. Turn left on W. Polk Street (Buchanan Drive). Right on 2341. Go Left on Little Midland Dorbant Road. Take a right on Co Rd 142 (Lakeshore Drive). Houses will be on left.

The Property

Property Type:

Residential
Subtype:

Single Family Residence
Parcel Number:

37061
Property Condition:

Updated/Remodeled
Other Structures:

Guest House
Lot Features:

Back Yard
Lot Size Acres:

0.81
Lot Size Area:

0 Sqft
Lot Size SqFt:

35,283 Sqft
SqFt Total:

4,100 Sqft
View:

Lake
Waterfront:

true
Waterfront Features:

Lake Front
Water Body Name:

Lake Buchanan
Horse:

false
Additional Parcels:

false
Fencing:

None
FEMA Flood Plain:

See Remarks

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

$14,782.41

Beds

Beds:

4
Bedrooms Total:

6
Main Level Bedrooms:

2

Baths

Total Baths:

4.5
Total Baths:

5
Full Baths:

4
Half Baths:

1

The Listing

Special Listing Conditions:

Standard
Listing Terms:

Cash
Occupant Type:

Owner
Virtual Tour
Video Tour:

Virtual Tour

Heating & Cooling

Heating:

Central
Cooling:

Central Air

Utilities

Utilities:

Electricity Connected
Sewer:

Septic Tank
Water Source:

Well
Electric On Property:

true

Appliances

Appliances:

Convection Oven

Schools

Elementary School:

Burnet
Elementary School District:

Burnet CISD
Middle School:

Burnet (Burnet ISD)
Middle School District:

Burnet CISD
High School:

Burnet
High School District:

Burnet CISD

The Community

Subdivision Name:

Rocky Point
Association Name:

Rocky Point
Association Fee:

$210
Association Fee Frequency:

Annually
Community Features:

Fishing
Pool Private:

false
Pool Features:

None
Spa Features:

Hot Tub

Parking

Parking Features:

Additional Parking
Garage:

true
Attached Garage:

true
Garage Spaces:

4
Covered Spaces:

4

Monthly cost estimate

Asking price

$1,350,000

Expense	Monthly cost
Mortgage	$7,228
Taxes	$1,231
Insurance	$371
HOA fees	$18
Utilities	$224 See report
Total	$9,072/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
3/8/25 Mar 8, 2025	Listed / Active	ABOR	$1,350,000

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This house located in TX 78611 is currently for sale for $1,350,000. 206 County Road 142 is a 4,100 square foot house with 6 beds and 5 baths that has been on Estately for 6 days. This house is in the attendance area of Burnet Middle School and Burnet High School.

Based on information from the Austin Board of REALTORS® and ACTRIS 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.